Riding The Dragon - The Impact Of China & VC Value-Add On Building Business


Hong Kong, China


As we move into a new decade of investment post the turmoil of 2001, investors and businesses alike are looking for new ideas. Opportunities abound -- but challenges still exist. Partnership and co-operation are the new buzz words, and as companies return to basics, they are looking not just for funding, but also for partners who can add real value and bring more than just money to the table. And for those in the region and internationally, China is increasingly becoming a major factor in business strategies.

The role of venture capital

The venture capital and private equity industry, a significant feature of the more mature capital markets of North America and Europe, is still in the early stage of development in Asia. Despite this fact, more than US$12.3bn was invested in the Asia Pacific region in 2000 and the long term growth in the industry continues at an average rate of 15% - 20% per annum, Asia still has room for immense growth, with investment accounting for only 0.12% of Asian GDP compared to 0.4% in Europe and 1.2% in the United States.

More important than the numbers, however, is the significant role that venture capital and private equity can play in building businesses and in boosting the economy and creating jobs. Venture capital and private equity investors provide an important source of funding for all types of business in many different stages of their life cycle. But they also offer businesses and management teams valuable expertise, experience and advice -- and access to contacts and international networks -- all positive factors which can help businesses grow.

Private equity has been a major force in driving economies, as in UK, lifting it out of the 1980's recession by creating a whole new breed of healthy, growing companies and successful entrepreneurs. As Asia comes out of the financial crisis and with continual reforms in the business structure occurring, the potential contribution of the industry to the region is enormous.

What about China?

And China is the word at the tip of everyone's lips. The role of China in Asia's future growth also features highly in the strategies of businesses across the region and internationally. Hong Kong's position as a key hub for business in North Asia brings unique advantages. Its position as a key regional centre for the venture capital/private equity industry offers significant opportunities.

Who should attend?

The HKVCA 2002 Venture Capital / Private Equity Partnership Conference has been designed to offer significant appeal to businesses and investors alike. The one-day conference is a major annual event, targeted at leaders of business and industry who look to harness the potential in North Asia. Previous conferences have attracted more than 300 senior attendees, including industry practitioners, investors, entrepreneurs and senior managers and corporate officers from both small and large companies in Hong Kong, US, Europe, PRC, Taiwan, Singapore and other Asian countries.

About the organisers

The Hong Kong Venture Capital Association (HKVCA) was established in 1987. It was formed with the objectives of promoting the awareness of venture capital and private equity, of representing the views of persons or companies engaged in the venture capital/private equity industry and of providing a regular forum for the exchange of views among members.

Please contact us at enquiry@hkvca.com.hk or visit our website at www.hkvca.com.hk.

Email Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.

©1996-2019 Morrison & Foerster LLP. All rights reserved.